Contifinancial liquidating trust who is ben savage dating
and distribute the proceeds thereof to the holders of beneficial interests in the Trust. pursuant to a Plan of Complete Liquidation and Dissolution, intended to allow for the orderly disposition of the Company’s remaining assets and liabilities.
In May, 2010, 93 percent of investors approved a liquidation plan for Provident Royalties, LLC.
Bankruptcy Court for the Northern District of Texas then confirmed the plan and the Court established the PR Liquidating Trust with Milo Segner as liquidating trustee.
On May 14, 2012, Residential Capital, LLC (“Res Cap”) and certain of its domestic subsidiaries (together with Res Cap, “Debtors”) filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code.
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Headquartered in Houston, KGen Power sold power and related products to wholesale purchasers, such as retail electric providers, power marketers, municipal utilities, electric power cooperatives and other power generation companies.
KGen's portfolio has been completely divested under a plan of liquidation, with all available proceeds being returned to shareholders. Sackett, Trustee The purpose of the REMEC Liquidating Trust was to complete the winding-up of the affairs of REMEC, Inc. In 2005, shareholders approved the liquidation and dissolution of REMEC, Inc.With this final distribution, the Trust completed its sole purpose, which was to complete the winding-up of the affairs of REMEC, Inc.and to distribute the proceeds therefrom to the Beneficiaries.The Trustee has paid all remaining liabilities, costs and expenses of the Trust.As such, the Trustee terminated the Trust effective on November 30, 2012.